Neptune Digital Assets (CVE:NDA) Stock Price Up 48.6% – Here’s Why

Shares of Neptune Digital Assets Corp. (CVE:NDAGet Free Report) traded up 48.6% during trading on Wednesday . The stock traded as high as C$1.17 and last traded at C$1.04. 2,771,757 shares traded hands during trading, an increase of 353% from the average session volume of 611,807 shares. The stock had previously closed at C$0.70.

Neptune Digital Assets Price Performance

The stock has a 50 day moving average price of C$0.87 and a two-hundred day moving average price of C$1.16. The company has a market capitalization of C$132.17 million, a price-to-earnings ratio of -104.00 and a beta of 2.23.

About Neptune Digital Assets

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Neptune Digital Assets Corp. builds, owns, and operates digital currency infrastructure assets in Canada. The company stakes and lends various digital currencies. It also engages in the Bitcoin mining, node operations, cryptocurrency staking, and decentralized finance (DeFi) tokens, as well as invests in liquidity mining pools.

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